Well to all of you who caught the breakout above resistance congrats. This pair has now reached previous resistance along with the DXY trading at All-Time-Highs it would make sense to receive some retracement back down to broken resistance in the 105 & 106 area. With interest rate speculation coming to a pivotal moment this December we can very well break above 111 resistance without retracement but I believe probability is for a retracement before another wave higher to retest and potentially break higher to 116.50 resistance.
Time will tell, in the meanwhile enjoy the upcoming holidays. =)